Kratikal Tech IPO

Listed SME
Min Investment
₹2,70,000
2000 Shares
Min Investment
₹2,70,000 · 2000 Shares
Open Jun 30
Close Jul 02
Allotment Jul 03
Refund Jul 06
Listing Jul 07

Market Sentiment

+Rs 73
+54.1%
Est. Listing: Rs 208
Updated: Jul 06, 2026 9:48 pm
Subscription Status
QIB
145.82x
NII
239.91x
bNII (>10L)
324.99x
sNII (2-10L)
324.99x
Retail
218.44x
Total
205.06x
Updated: Jul 02, 2026 5:02 pm IST
Analysis Score 92 / 100
Strong Subscribe
Data: 80%
GMP Score 100
Subscription Score 90
Financial Health 77
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price₹128-135 per equity share
Face Value₹10 Per Equity Share
Lot Size 2000 shares (Min ₹2,70,000)
Total Issue Size ₹40.00 crore
Fresh Share₹40.00 crore
Issue TypeBookbuilding Issue
Lead ManagerBeeline Capital Advisors Pvt. Ltd.
RegistrarKfin Technologies Ltd.
Listing atBSE
ISIN
Listing Price₹192.00
Listing Gain+42.22%

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 2,000 ₹2,70,000
Retail Maximum 2 2,000 ₹2,70,000
S-HNI Minimum 3 3,000 ₹4,05,000
S-HNI Maximum 7 7,000 ₹9,45,000
B-HNI Minimum 8 8,000 ₹10,80,000
Budget to Lots Calculator

IPO Reservation

Category Shares Offered Shares %
QIB5,58,00028.48%
NII (HNI)4,23,00021.59%
bNII > ₹10L2,82,00014.40%
sNII < ₹10L1,41,0007.20%
Retail9,78,00049.92%
Anchor8,31,00042.42%
Total19,59,000100.00%

Day-wise Subscription (times subscribed)

Category Day 1 Day 2 Day 3
QIB 1.20x 5.09x 145.82x
NII 2.41x 14.44x 239.91x
bNII > ₹10L 3.26x 19.56x 324.99x
sNII 2-10L 3.26x 19.56x 324.99x
Retail 3.04x 22.96x 218.44x
Total 2.38x 15.92x 205.06x

Financial Analysis

Financial Data
EPS (Pre)
Rs 6.85
ROE
46.76%
ROCE
45.73%
RoNW
36.67%
EBITDA Margin
26.44%
NAV/Share
Rs 18.67
Revenue Growth
56.25%
Profit Margin
8.72%
Financial Performance
Metric 2023 2024 2025 Dec 2025
Revenue 184.81 206.45 322.58 236.50
Expense 154.97 175.85 261.43 186.96
Profit (PAT) 32.10 34.44 28.13 38.69
Total Assets 251.58 339.25 455.49 561.34
Values in Crores (₹)
Peer Comparison
Company EPS P/E RoNW % NAV
Powerica Limited 15.26 24.45 15.37 99.76
Cummins India Limited 72.15 64.13 26.45 272.78
Kirloskar Oil Engines Limited 33.71 43.24 15.85 212.60
NTPC Green Energy Limited 0.67 129.40 2.58 21.88
Acme Solar Holdings Limited 4.55 50.74 5.59 74.54
Adani Green Energy Limited 8.37 101.53 11.90 76.62
Promoters & Holding Pattern

Promoters: Mr. Pavan Kumar, Mr. Paratosh Kumar and Mr. Dip Jung Thapa

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 81,60,545 72.58%
Promoter Holding Post Issue 1,11,00,545 53.36%

Strengths & Risks

Strengths
  • Heavily oversubscribed — 205.1x overall (so far).
  • Strong institutional (QIB) demand — 145.8x.
  • Revenue grew 56% in the latest reported year.
  • Solid profit margin — 8.7%.
  • Strong return on equity — 47%.
Risks & Concerns

No major red flags in the available data.

Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Kratikal Tech

Kratikal Tech is one of the growing cybersecurity solutions companies that offers  AI-driven, SaaS-based security solutions and integrated cybersecurity services. Kratikal Tech focuses on reducing cybersecurity risk by incorporating its proprietary cybersecurity platforms and service-driven solutions across people, process, and technology. The firm helps businesses with its two segments: 1) People Security Management, which includes protecting businesses from cyber risks caused by human error, such as phishing, social engineering, and credential theft. 2) Technology and Process Security Services, which include protecting the organization’s IT systems and security processes with Vulnerability Assessment and Penetration Testing (VAPT), Governance, Risk and Compliance (GRC), and AI-driven Vulnerability Management. Its product range caters to a wide range of clients across BFSI, fintech, telecom, IT/ITES, healthcare, and manufacturing sectors, both domestic and international markets.

Objects of the Issue
Purpose Amount (Cr)
Investment in Threatcop FZ LLC, UAE and Threatcop AI Inc, USA (our subsidiaries) for expenditure towards sales & marketing activities and development of workforce resources. 23.08
Investment in product development 9.23
General Corporate Purpose -

Resources & Documents

Anchor Investors
Anchor Bidding Date
June 29, 2026
Shares Offered to Anchors
8,31,000
Lock-in End (30 Days, 50%)
August 02, 2026
Lock-in End (90 Days, 50%)
October 01, 2026
Company Contact Information

Kratikal Tech Ltd., 5th Floor A-5 Sector 68,, Grovy Optiva,, Gautam Buddha Nagar,, Noida, Uttar Pradesh, 201301

Kratikal Tech IPO — Quick Take

Kratikal Tech has set a price band of Rs 128–Rs 135 per share for an issue size of Rs 40 crore. The stock listed with a 42.22% gain versus its issue price on July 07, 2026.

Kratikal Tech is one of the growing cybersecurity solutions companies that offers AI-driven, SaaS-based security solutions and integrated cybersecurity services. Kratikal Tech focuses on reducing cybersecurity risk by incorporating its proprietary cybersecurity platforms and service-driven solutions across people, process, and technology.

The issue is promoted by Mr. Pavan Kumar, Mr. Paratosh Kumar and Mr. Dip Jung Thapa with Beeline Capital Advisors Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Investment in Threatcop FZ LLC, UAE and Threatcop AI Inc, USA (our subsidiaries) for expenditure towards sales & marketi… (Rs 23 crore) and Investment in product development (Rs 9 crore).

Grey market is quoting a premium of +Rs 73 (+54.1% over issue price), up Rs 63 from the previous session. Final subscription data records overall subscription at 205.06x, retail at 218.44x, QIB at 145.82x, NII at 239.91x.

On fundamentals, the company is posting revenue growth of 56.3%, a profit margin of 8.7%, return on equity of 46.8% in its most recent reported period. Listed peers in this segment include Powerica Limited (P/E 24.45x) and Cummins India Limited (P/E 64.13x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.

Our data-driven engine currently flags this issue as a Strong Subscribe — the data suggests strong listing-day potential backed by healthy fundamentals. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Kratikal Tech IPO is Rs 128 to Rs 135 per share. Face value is Rs 10 per share.

The total issue size of Kratikal Tech IPO is Rs 40 crore, comprising fresh issue of Rs 40 crore.

Retail investors must apply for a minimum of 1 lot of 2000 shares, requiring an investment of Rs 2,70,000.

Kratikal Tech IPO opens for subscription on June 30, 2026 and closes on July 02, 2026. Anchor investor bidding is scheduled for June 29, 2026.

The expected allotment date for Kratikal Tech IPO is July 03, 2026. Refunds for unsuccessful applicants are expected on July 06, 2026.

Kratikal Tech IPO is scheduled to list on July 07, 2026 on BSE. BSE script code: –, ISIN: –.

The current GMP (Grey Market Premium) of Kratikal Tech IPO is +Rs 73 (+54.1% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

Kratikal Tech IPO is currently subscribed 205.06 times overall — retail at 218.44x, QIB at 145.82x, NII at 239.91x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 218.44x for Kratikal Tech IPO, the estimated retail allotment probability is approximately 0.52%. This is a low probability — approximately 1 out of every 100 retail applications may receive allotment.

The registrar for Kratikal Tech IPO is Kfin Technologies Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Kratikal Tech IPO are Beeline Capital Advisors Pvt. Ltd..

The promoter(s) of Kratikal Tech are Mr. Pavan Kumar, Mr. Paratosh Kumar and Mr. Dip Jung Thapa.

Kratikal Tech IPO GMP — What It Means

The latest grey market premium for Kratikal Tech IPO is ₹73 (+54.1%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Kratikal Tech it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

See the full Kratikal Tech GMP history and trend, or learn how grey market premium works and how reliable it is.

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